HDFC Bank aims to tap more rural MSMEs; plans to expand reach to 2 lakh villages in 2 years
Towards its goal of rural expansion, HDFC bank is looking to hire 2,500 people in the next six months. (Image:...
Towards its goal of rural expansion, HDFC bank is looking to hire 2,500 people in the next six months. (Image:...
The move is seen as a prerequisite for the newly formed ministry of cooperatives to meet its ambitious objectives. (PTI)Union...
Rupee Cooperative Bank, headquartered in Pune, has been under strict banking restrictions because of mounting debt.A group of people claiming...
The guidelines said that lenders must put in place a comprehensive board-approved policy for transfer and acquisition of all loan...
Khara said there are “green shoots” visible in certain sectors, including commodities, iron & steel and aluminium. (File image)State Bank...
In June, lnduslnd Bank had acquired 70,67,500 equity shares of McLeod, forming 6.77% of paid-up equity share capital, by invoking...
Infosys acknowledges the difficulties some users continue to experience and is working "expeditiously" with the Income Tax Department,...
A shareholder and two others have approached the court against the board’s decision of rejecting their candidature for the office...
CS Rajan, managing director of IL& FS, hailed the move and said under Kotak’s continued leadership, IL&FS will accomplish the...
In its special business Item No.5 of the 24th AGM notice, the company said, “the item 5 has not got...
According to him, the good news for the banks was that the technology talent was getting broader and wider and,...
The RBI, in 2016, had issued directions for compliance by every non-banking financial company (NBFC) undertaking the business of Account...
According to Mundra, it is very important for banks to have a ‘very hard look’ at the traditional models which...
The data, also called net payroll data, was higher in each of the first four months of the current financial...
The government may have extended the due date for filing Income Tax returns on account of the difficulties...
India recorded 50,035 cases of cyber crime in 2020, an 11.8 per cent surge in such offences over the...
Finance Minister Nirmala Sitharaman on Thursday announced that the Union government will guarantee Rs 30,600 worth of security receipts issued...
The median term deposit rate eased by 152 basis points (bps) through March 2020 to August 2021. A bigger dip...
Country’s largest lender, State Bank of India, has launched a bouquet of festive offers on Thursday for prospective...
The platform has seen over 4.9 million registrations, as on January 3, according to the Association of Banks in Singapore.The...
The NUE license shall be granted by RBI according to the power of authorization of payment operations conferred under Section...
Retirement fund body EPFO has deferred implementation of its order mandating filing of PF returns with Aadhaar-verified universal...
Both banks and non-bank lenders reported a deterioration in asset quality during the April-June quarter in loan categories. (Representational image)The...
She said there are lot of changes happening in the banking sector at a fast pace through digitisation. (File)Union finance...
Despite two waves of the Coronavirus pandemic that unleashed devastation across most areas, India has an 87% Fintech adoption rate...
While the special rate will be available across all loan amounts, a borrower will need to have a minimum credit...
AK Goel, managing director & chief executive officer, Uco BankAs the Reserve Bank of India (RBI) has decided to take...
The premium metal-based card on the Visa Signature platform, having NFC facility, offers contactless easy management of EMIs from the...
The facility of tokenisation shall be offered by TSPs only for the cards issued by them, and the ability to...
The Indian banking sector is resilient, sufficiently capitalized and well-regulated segment.By Brajesh Kumar TiwariIn the last parliament session, the Union...
In Q1FY22, IDBI Bank reported a 318% year-on-year jump in its net profit, aided by a recovery from the Kingfisher...
People with Employees' Provident Fund and Voluntary Provident Fund (VPF) contribution of over Rs 2.5 lakh per financial...
Atal Pension Yojana has emerged as the most popular social security scheme under the National Pension System with...
This partnership aims at augmenting the bank’s customer value proposition by making high-quality wealth management services accessible, affordable and truly...
The three variants of the card are named Celesta, Imperio and Signet, each of which is designed to cater to...
A joint forum of pensioners, named National Coordination of Pensioners Organisations (NCPO), has been created to raise the...
According to a bank release, customers can through the Google Pay app, book high interest rate FDs fully digitally.Equitas Small...
As lockdowns and other mobility restrictions were lifted, digital payments picked up again in June and the months thereafter.The volume...
Bob van Dijk, group CEO at Prosus, said the regulatory clearances for the deal should be in place by February...
Digital life insurer Aegon Life on Tuesday said it has achieved a death claim settlement ratio of 99.25...
The Income Tax Department has urged taxpayers to "quickly" send an online response so that their pending refunds...
In a relief for taxpayers, the Central Board of Direct Taxes (CBDT) has extended the due dates for...
Making the National Pension System (NPS) more attractive for subscribers joining it after 65 years of age, the...
Banks in most states will observe a holiday on 10 September 2021, on account of Ganesh Chaturthi. Image: ReutersBank Holidays...
Growth in non-food bank credit slowed to 5.9% in June from 6% a year earlier. The government has extended the...
Historically, a home loan is considered the safest variety of credit because there is a security attached to it and...
The board of Ujjivan SFB, in parallel, will evaluate “suitable candidates” for the MD and CEO position, and submit two...
NARCL was incorporated last month in Mumbai and once it gets the licence, stressed assets worth about Rs 83,000 crore...
Success in IDBI Bank sale may be indicative of broader investor appetite in state-owned banks with adequate loan-loss reserves.The government...
The idea behind this is to ensure that customers paying online continue to enjoy the convenience of not keying in...
This case study of Indian Bank’s merger process can be used by faculty and trainers from various business schools and...
Credit growth achieved in the first quarter of FY22 was at 5% on a year-on-year basis, mainly coming from gold...
Earlier, the option was available only at particular outlets based on a tie-up between the merchant and the bank.In their...
“AMFIRS is aimed at providing financial relief from the government to the microfinance borrowers in the state to help them...